Category: Economy

The government has extended support to outbound shipments by stretching the applicability of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for nine more months till June 30, 2024.

5th World Coffee Conference was inaugurated in India by ICO, in association with Coffee Board of India which is being held for the first time in an Asian coffee-producing country.

Finance Ministry has notified final rules outlining valuation methods for non-resident and resident investors under the new angel tax mechanism in the Finance Act 2023.

RBI has asked Regulated Entities (REs) to display information regarding borrowers whose secured assets have been taken into possession under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002.

Exercising power under Section 45L of the RBI Act 1934 RBI has mandated All India Financial Institutions (AIFIs) to maintain a capital adequacy ratio (CAR) of 9% by April 2024 (July 2024 for NHB).

The inclusion of Indian government bonds (G-Secs) in JP Morgan’s bond indices could draw foreign fund inflows in the range of $30-$40 billion.

Liquidity deficit surges to a 4-year high of ₹1.47 lakh crore on tax outflows.

India Council for Research on International Economic Relations (ICRIER) has released its annual survey on MSMEs, focusing on the leverage of E-commerce for the growth of MSMEs.

Small tea farmers in Tamil Nadu’s Nilgiris district have been hit by a drop in tea leaf prices over the last few months.

Rubber Board, jointly with the Central government and the Automotive Tyre Manufacturers’ Association, is implementing a project to expand the area under natural rubber in the North-eastern States.

RBI has placed 15 non-banking finance companies (NBFCs) in the Upper Layer (NBFC-UL) under Scale Based Regulations (SBR) for non-bank lenders.